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Stock impact report

First BanCorp Announces Capital Actions

First BanCorp. New (FBP) 
Last first bancorp. new earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the following capital actions:The declaration of a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on December 12, 2025 to shareholders of record at the close of business on November 28, 2025.A new stock repurchase program of up to $200 million that we expect to be executed, at management’s discretion, through the end of the 4th quarter of 2026; this approval is in addition to the approximately $38 million remaining under the stock repurchase program announced on July 22, 2024.Aurelio Alemán, President and Chief Executive Officer, stated, "We are pleased to announce that a new stock repurchase program has been approved by the Board of Directors, reflecting our continued confidence in the strength of our balance sheet and long-term outlook o Show less Read more
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